jpeterson
DIS Veteran
- Joined
- Mar 22, 2017
This is the real trick to the whole thing. Disney has raised prices at a rate far greater than inflation, but what is still one of the most common complaint? Crowds! Theme parks are crowded. Parties are too crowded. Hotels are booked up.$17.95 in 1988 dollars is worth $43 in 2021 after inflation.
But normal inflation != Disney inflation, with prices skyrocketing in recent years in an attempt to curb demand. Disney inflation is mostly a supply/demand problem - the demand to go to Disney parks is outstripping the supply - so they can continue to raise prices, if enough people stop going - and demand goes down - then and only then will we start to see more consumer friendly promotions (doubtful they would just lower prices though).
I've been thinking about this a lot lately, how do you balance these 2 factors? Cost and Crowds. Most everyone will agree that Disney is expensive and Disney is crowded. Disney can't just slash prices without increasing demand, and they could raise prices further until demand eases, but that's not great either.